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    Klamath Falls, OR
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    Klamath Falls, OR Residential Land & Home Lots for Sale

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    Dairy, OR Keno, OR Bonanza, OR Merrill, OR Dorris, CA Macdoel, CA Sprague River, OR Malin, OR
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    Residential Land in Klamath Falls
    Updated: May 26
    Residential Land in Klamath Falls

    Foothills Boulevard lot: 300, Klamath Falls, OR 97603

    $212,500
    5.44 AC lot
    Five plus acres of level, high‑density residential land.
    City water and sewer available in the street.
    Buildable property with multiple development options.
    South‑facing views of Shasta, Foothills, and Washburn Way.
    Located above it all.
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    Residential Resort Lot Opportunity
    Updated: May 7
    Residential Resort Lot Opportunity

    Crossbill Drive lot: 1046, Klamath Falls, OR 97601

    $145,000
    2.47 AC lot
    2.47‑acre lot at the Running Y Resort
    Access to Running Y Resort amenities
    Enjoy the Sports and Fitness Center with indoor pool, hot tub, and sauna
    Views in all directions
    Pickleball and tennis courts, playground, horseshoes, volleyball, and walking trails
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    Klamath Lake Waterfront Land Opportunity
    Klamath Lake Waterfront Land Opportunity

    2546 Lakeshore Drive, Klamath Falls, OR 97601

    $175,000
    1.67 AC lot

    1.67-acre Klamath Lake waterfront lot with unobstructed views.

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    See hot listings in Klamath Falls

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Land
    Land

    1116 Vine Maple Dr, Klamath Falls, OR 97601

    $149,000
    77,972 sqft

    Residential land & home lots · 77,972 SF

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    Ridgewater Homesite with Klamath Lake Views
    Ridgewater Homesite with Klamath Lake Views

    6101 Rustler Peak Way, Klamath Falls, OR 97601

    $200,000
    0.82 AC lot

    0.82-acre homesite with lake views in Ridgewater community.

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    Klamath Falls View Home Site
    Klamath Falls View Home Site

    6138 Olson Mountain Way, Klamath Falls, OR 97601

    $115,000
    1.07 AC lot

    Acreage with panoramic views in a gated community.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Klamath Falls Land For Sale
    Klamath Falls Land For Sale

    2450 Biehn Street, Klamath Falls, OR 97601

    $120,000
    5.97 AC lot

    6 acres with apartment zoning near Sky Lakes and Oregon Tech.

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    Shovel-Ready Homesite in Gated Community
    Shovel-Ready Homesite in Gated Community

    5767 Engleman Spruce Way, Klamath Falls, OR 97601

    Contact for pricing
    28,314 sqft

    Fully shovel ready homesite with private water and internet availability in a secure gated community.

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    Residential Lot with Mature Pines
    Residential Lot with Mature Pines

    Turnstone Drive lot: 1009, Klamath Falls, OR 97601

    $30,000
    1.02 AC lot

    A slightly level one-acre lot at Running Y Resort, suited for building a new home among mature pines.

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    Residential Lot in Resort Community
    Residential Lot in Resort Community

    Fox Sparrow Drive, Klamath Falls, OR 97601

    Contact for pricing
    1.00 AC lot

    Build-ready residential lot offering broad valley, farmland, and mountain views within a resort setting.

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    Two Lots Zoned MD
    Two Lots Zoned MD

    0 Academy Avenue, Unit LOT 3 & 4, Klamath Falls, OR 97601

    $37,900
    12,196 sqft 0.28 AC lot

    Two lots zoned MD, suitable for various residential structures.

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    Running Y Resort View Lot
    Running Y Resort View Lot

    Osprey Lane lot: 196, Klamath Falls, OR 97601

    $99,000
    0.46 AC lot

    Premier lot with sweeping views and resort amenities.

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    Corner Lot in Gated Resort Community
    Corner Lot in Gated Resort Community

    6550 Osprey Lane, Klamath Falls, OR 97601

    Contact for pricing
    0.53 AC lot

    Corner lot offers flexible home access from upper Osprey Lane or a small cul-de-sac.

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    Land
    Land

    2531 Kane St, Klamath Falls, OR 97603

    $99,000
    37,462 sqft

    Residential land & home lots · 37,462 SF

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    Resort Area Building Lot
    Resort Area Building Lot

    Murrelet Road lot: 1139, Klamath Falls, OR 97601

    $38,500
    0.91 AC lot

    Private building lot near Running Y Resort with territorial and forest views and approximately 0.91 acres.

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    Residential View Lot
    Residential View Lot

    Fox Sparrow Drive, Klamath Falls, OR 97601

    Contact for pricing
    0.87 AC lot

    Nearly an acre residential lot with sweeping valley, farmland, and mountain views in a resort community.

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    Land
    Land

    11925 Merganser Rd, Klamath Falls, OR 97601

    $69,900
    20,473 sqft

    Residential land & home lots · 20,473 SF

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    Running Y Resort Wooded Lot
    Running Y Resort Wooded Lot

    Murrelet Road lot: 1185, Klamath Falls, OR 97601

    $60,000
    0.88 AC lot

    0.88 acre wooded lot with lake views.

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    Land
    Land

    540 Sanderling Rd, Klamath Falls, OR 97601

    Contact for pricing
    28,750 sqft

    Residential land & home lots · 28,750 SF

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    RidgeWater Homesite in Klamath Falls
    RidgeWater Homesite in Klamath Falls

    1075 Timber Ridge Loop, Klamath Falls, OR 97601

    $44,900
    0.23 AC lot

    0.23-acre homesite in a gated, forested community.

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    Land
    Land

    10697 Merganser Rd #62, Klamath Falls, OR 97601

    $69,000
    21,344 sqft

    Residential land & home lots · 21,344 SF

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    Vacant Homesite in Resort Community
    Vacant Homesite in Resort Community

    Sanderling Road lot: 582, Klamath Falls, OR 97601

    $42,000
    0.45 AC lot

    Vacant homesite within Running Y Resort, offering access to resort amenities including golf and trails.

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    Gated Residential View Lot
    Gated Residential View Lot

    1123 Red Willow Drive, Klamath Falls, OR 97601

    $40,000
    1.00 AC lot

    Nearly an acre fully developed lot with a Mt. Shasta view and green space on two sides in a gated community.

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    Residential Land Lot in Resort Community
    Residential Land Lot in Resort Community

    Crossbill Drive lot: 1000, Klamath Falls, OR 97601

    Contact for pricing
    0.86 AC lot

    Semi-level homesite on 0.86 acres with mature trees and access to Running Y Resort amenities.

    View details

    Klamath Falls, OR Residential Land & Home Lots Market Trends and Statistics

    Explore 160 residential land & home lots for sale in Klamath Falls, OR, showcased through 160 active listings on our real estate platform. These investment opportunities span a total of 30,266,359 square feet of properties for sale, with an estimated market value of $12,758,849.

    Sale prices for home sites in Klamath Falls, OR start at $30,000, averaging $114,944, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 147
    Commercial land 23
    Agricultural land / Farmland 14
    Recreation land 11
    Waterfront Land 8

    Demographics Overview

    Population 55K
    Population Growth (5Y) -14.6%
    Median Household Income $59,947
    College Educated 32.8%

    High-Yield Neighborhoods for Investment

    Identify Klamath Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97601 $64.2K
    97603 $194.2K

    Taxes & Financing

    Tax Rate (average for all types) 1.43%
    Property Tax per SF $19.62 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Klamath County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Klamath Falls, OR

    • 97601
    • 97603

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    Action Realty
    2311 S 6th St Klamath Falls, OR
    Phone: 15418843367
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